Page 3 - Us Jobless Claims
US jobless claims rise to 885,000 amid resurgence of coronavirus
The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy's recovery from its springtime collapse
 "US jobless claims rise to 885,000 amid resurgence of coronavirus")
US weekly jobless claims surge to a three-month high amid Covid pandemic
The number of initial jobless claims in the US increased to reach 853,000 last week, the highest since mid-September, the Labour Department reported
 "US weekly jobless claims surge to a three-month high amid Covid pandemic")
US says Covid-19 relief package won't offer $1,200 in direct payments
US lawmakers closed in on a Covid-19 relief bill that would provide roughly $300 in extra federal weekly unemployment benefits but not another round of $1,200 in direct payments to most Americans
 "US says Covid-19 relief package won't offer $1,200 in direct payments")
S&P 500, Dow Jones retreat from record highs after bleak jobless data
The S&P 500 and the Dow Jones Industrial Average retreated from record closing highs, pulled lower by cyclicals and small caps that drove the rally earlier in the week
 "S&P 500, Dow Jones retreat from record highs after bleak jobless data")
Wall St retreats as labour market recovery slows amid rise in Covid cases
The Dow Jones Industrial Average rose just 12.63 points, or 0.04%, at the open to 30,058.87
 "Wall St retreats as labour market recovery slows amid rise in Covid cases")
Wall St drops at open on surging Covid cases, rise in weekly jobless claims
Wall Street's main indexes opened lower on Thursday as surging Covid-19 cases and an unexpected rise in weekly jobless claims raised fears of stalling growth in the world's largest economy
US labour market gradually healing; weekly jobless claims at 7-month low
The number of Americans filing new unemployment benefits claims fell to a seven-month low last week, but the pace of decline has slowed and further improvement could be limited by a raging pandemic
 "US labour market gradually healing; weekly jobless claims at 7-month low")
US weekly jobless claims at 751,000 as market recovers at a slowing pace
The number of initial jobless claims in the US totalled 751,000 last week, as the labour market continues to recover at a slowing pace due to the raging Covid-19 pandemic
US job growth slows, nearly 4 million Americans permanently unemployed
The slowdown in hiring compounds problems for Trump, who announced overnight that he had tested positive for coronavirus
Gold prices fall to Rs 52,319 per 10 gram, silver slides to Rs 66,153 a kg
In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,200 from Rs 51,850 per 10 gram in the previous trade while price of 24-carat was at Rs 55,850, down by over Rs 700
 "Gold prices fall to Rs 52,319 per 10 gram, silver slides to Rs 66,153 a kg")
US jobless claims jump back above 1 mn as Covid-19 pulls down economy
Jobless claims had fallen last week below 1 million for the first time since March, to 971,000
US weekly jobless claims fall below 1 million for first time in 5 months
The report also showed that the four-week moving average, a method to iron out data volatility, decreased by 86,250 to 1.25 million
 "US weekly jobless claims fall below 1 million for first time in 5 months")
US weekly jobless claims fall below 1 mn for the first time in Covid-19 era
President Donald Trump on Saturday signed an executive order, including extending the supplement, though he reduced the weekly payout to $400
 "US weekly jobless claims fall below 1 mn for the first time in Covid-19 era")
1.4 mn sought US jobless aid last week underlining Covid-19 devastation
The Labor Department's report Thursday marked the 19th straight week that more than 1 million people have applied for unemployment benefits
 "1.4 mn sought US jobless aid last week underlining Covid-19 devastation")
US weekly jobless claims unexpectedly rise as labour market takes step back
Initial claims for state unemployment benefits increased 109,000 to a seasonally adjusted 1.416 million for the week ended July 18.
 "US weekly jobless claims unexpectedly rise as labour market takes step back")
Wall Street drops on oil price crash, earnings anxiety; Dow falls over 1%
Energy stocks shed 1.9% and were on track for their sixth slide in seven sessions as the front-month May US West Texas Intermediate (WTI) contract plunged more than 50%
 "Wall Street drops on oil price crash, earnings anxiety; Dow falls over 1%")
US jobless claims exceed 6 million for the second straight week
Data for the prior week was revised to show 219,000 more applications were received than previously reported, taking the tally for that period to 6.867 million
 "US jobless claims exceed 6 million for the second straight week")
US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low
The Commerce Department said the trade deficit tumbled 7.6% to $47.2 billion, the smallest since May 2018, as both imports and exports of goods declined
 "US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low")
US jobless claims back off from lowest level since 1969; increase by 21,000
The claims data has no impact on February's employment report
 "US jobless claims back off from lowest level since 1969; increase by 21,000")
US jobless claims fall to near 45-year low; six states estimated
Claims for the prior week were revised to show 1,000 fewer applications received than previously reported
 "US jobless claims fall to near 45-year low; six states estimated")
